Crypto

Bollywood Goes Blockchain with Shemaroo and RECRD

Keep in mind the joys of accumulating film posters or buying and selling playing cards? Nicely, prepare for a blockbuster improve! Bollywood is now entering into the long run by embracing the world of blockchain and digital collectibles. Just lately, SocialFi platform RECRD and leisure large Shemaroo partnered to remodel Bollywood blockbusters into digital collectibles with the assistance of blockchain.

RECRD and Shemaroo Partnership: A New Period for Cinema Followers

Sui-backed SocialFi platform RECRD introduced a collaboration with the Indian leisure large Shemaroo Leisure. Beneath this collaboration, Shemaroo will turn into a platinum member of RECRD, share a few of its largest Bollywood cinema IPs, and improve the expertise of film followers via blockchain expertise.

This transfer by Shemaroo is futuristic and one in every of its form within the trade. Shemaroo is among the largest homeowners of leisure IP worldwide and this partnership will convert its Bollywood motion pictures and music into digital collectibles.

Moreover, it’s a win-win scenario for each corporations and film buffs, because the partnership opens doorways for brand new chain monetization avenues and gives followers with entry to distinctive content material and a greater expertise with their favourite motion pictures.

What RECRD & Shemaroo Partnership Brings For Motion pictures Followers


Image this: You’re not simply watching your favourite film for the hundredth time; you’re proudly owning a bit of it. The RECRD-Shemaroo collaboration is about to remodel how we work together with Bollywood classics by turning them into distinctive digital collectibles. However what does this imply for the typical film buff?

Think about having an unique, verified clip from “Golmaal Returns” or “Jab We Met” that solely you and a handful of different followers have. Or how about proudly owning a limited-edition digital poster of “Masti” that would respect in worth over time? This isn’t nearly bragging rights; it’s about being a part of that blockbuster hit.

Sheemaroo 2

Bollywood Meets Blockchain: The Larger Image

This partnership isn’t nearly enjoyable and video games; it’s a critical enterprise transfer that would reshape the leisure trade. Arghya Chakravarty, COO of Shemaroo Leisure, sees this as a pioneering step:

“By leveraging these developments, we empower our audiences to attach with their favourite movies in thrilling and immersive methods, enhancing person engagement and content material monetization.”

In the meantime, RECRD’s co-founder and CEO, Anoir Houmou, highlights the worldwide impression:

“Our strategic partnership with Shemaroo and foray into India permits us to carry a few of Bollywood’s most-loved IPs to a world person base whereas empowering the nation’s huge base of digital creators and influencers to monetize content material and create their very own success tales.”

Sheemaroo 3

RECRD Raised a Whopping $4 Million Funding

RECRD based by Anoir Houmou and Dominic Frazer-Imregh lately raised $4 million in funding and was backed by some outstanding corporations such because the Sui Basis, Mitch Lowe of Netflix, NBA All-Star Mitchell Richmond, Alphabit Fund, and DNA Fund. Not solely this since its launch it achieved a milestone of 1 million Every day energetic customers.

Presently, RECRD is No.1 on the Sui community and among the many high 5 DApps worldwide. Not solely this it gives a number of alternatives for the creators, customers, and types to earn a living via their engagement mannequin based mostly on shareable short-form content material and dynamic video reactions referred to as REBND (rebound). 

The platform’s options REBND (rebound) and intent NFT are the spine and assist content material creators and freelancers earn a living from their work by turning it into digital property that may be purchased and bought. It additionally provides advertisers a greater method to attain their viewers and get extra worth from their adverts. With all these options and DeFi integration now they’re aiming to disrupt the $250 billion creator economic system.

Conclusion

The Shemaroo and RECRD partnership isn’t just one other atypical cash-grab collaboration, it’s futuristic and a visionary strategy to remodeling iconic motion pictures into tradable digital property. RECRD is altering how we expertise cinema—getting into a brand new age of fan engagement and content material possession.

With Bollywood’s huge world fanbase and RECRD’s blockchain-powered SocialFi mannequin, it seems to be like they’re on the verge of beginning a brand new pattern and a brand new period, which is able to referred to as as Blockchain Cinema sooner or later.

Additionally Learn: India Plans Massive Animation and Metaverse Push for Movies



Show More

Related Articles

Leave a Reply